The WSJ recently posted American's real net worth, adjusted for inflation over the last seven years. This clearly shows the damage done over the last three years.
The Federal Reserve is losing $100 billion a year and paying for its own operation and the costs of running the Consumer Financial Protections Board. Where is the money coming from? Brian Wesbury, Chief Economist at First Trust, explains what is going on. Read it here.
New rules for 529 Plans have improved on an already great savings vehicle. Contribution limits have increased, distribution rules have been loosened, grandparents have a new way to help fund education, and unused savings can be transferred to a ROTH IRA. Check out the details here.
